Common use of Closing Payment Clause in Contracts

Closing Payment. The Purchase Price, as adjusted by the application of the Deposit and by the prorations and credits specified herein, shall be paid, by wire transfer of immediately available federal funds (through the escrow described in Section 5 below), as and when provided in Section 5.2.2 below and in the “Escrow Agreement” (as hereinafter defined). The amount to be paid under this Section 3.2 is referred to herein as the “Closing Payment.”

Appears in 2 contracts

Samples: Purchase Agreement (BLACK CREEK INDUSTRIAL REIT IV Inc.), Purchase Agreement (BLACK CREEK INDUSTRIAL REIT IV Inc.)

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Closing Payment. The Purchase Price, as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid, paid to Escrow Agent by wire transfer of or immediately available federal funds (through the escrow described in Section 5 below), as and when provided in Section 5.2.2 below and in 5) on the “Escrow Agreement” Closing Date (as hereinafter defined). The the amount to be paid under this Section 3.2 is referred to being herein as called the “Closing Payment”).

Appears in 1 contract

Samples: Purchase Agreement (Hines Real Estate Investment Trust Inc)

Closing Payment. The Purchase Price, as adjusted by the application of the Deposit and by the prorations and credits specified herein, shall be paidpaid by Purchaser, by wire transfer of immediately available federal funds (through to the escrow described in Section 5 below), as and when provided in Section 5.2.2 below and in Escrow Account on the “Escrow AgreementClosing Date” (as hereinafter defined). The ) (the amount to be being paid under this Section 3.2 is referred to 3.4 being herein as called the “Closing Payment”).

Appears in 1 contract

Samples: Contract of Sale (Bebe Stores, Inc.)

Closing Payment. The Purchase Price, as adjusted by the application of the Deposit and by the prorations and credits specified herein, shall be paidpaid by Purchaser, by wire transfer of immediately available federal funds (through to the escrow described in Section 5 below), as and when provided in Section 5.2.2 below and in Escrow Account on the “Escrow AgreementClosing Date” (as hereinafter defined). The ) (the amount to be being paid under this Section 3.2 is referred to 3.3 being herein as called the “Closing Payment”).

Appears in 1 contract

Samples: Contract of Sale (Industrial Income Trust Inc.)

Closing Payment. The Purchase Price, as adjusted by the application of the Deposit and by the prorations and credits specified herein, shall be paid, paid by wire transfer of immediately available federal funds (through the escrow described in Section 5 below), 5) as and when provided in Section 5.2.2 below and in the “Escrow Agreement” (as hereinafter defined)5.2.2. The amount to be paid under this Section 3.2 3.5 is referred to herein as the “Closing Payment.

Appears in 1 contract

Samples: Purchase Agreement (Regeneron Pharmaceuticals Inc)

Closing Payment. The Purchase Price, as adjusted by the application of the Deposit and by the prorations and credits specified herein, shall be paid, paid by wire transfer of immediately available federal funds (through the escrow described in Section 5 below), 5) as and when provided in Section 5.2.2 below and in the “Escrow Agreement” (as hereinafter defined)5.1.2. The amount to be paid under this Section 3.2 3.5 is referred to herein as the “Closing Payment.

Appears in 1 contract

Samples: Purchase Agreement (Seattle Genetics Inc /Wa)

Closing Payment. The Purchase Price, as adjusted by the application of the Deposit and by the prorations and credits specified herein, shall be paid, paid by wire transfer of immediately available federal funds (through the escrow described in Section 5 below)5) on the “Closing Date”, as and when provided in Section 5.2.2 below and in hereinafter defined (the “Escrow Agreement” (as hereinafter defined). The amount to be paid under this Section 3.2 is referred to being herein as called the “Closing Payment”).

Appears in 1 contract

Samples: Purchase Agreement (Cole Credit Property Trust Iv, Inc.)

Closing Payment. The Purchase Price, as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid, paid by wire transfer of immediately available federal funds (through the escrow described in Section 5 below), 5) as and when provided in Section 5.2.2 below and in the “Escrow Agreement” (Instructions”, as hereinafter defined). The defined (the amount to be paid under this Section 3.2 is referred to being herein as called the “Closing Payment”).

Appears in 1 contract

Samples: Purchase Agreement (Behringer Harvard Reit I Inc)

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Closing Payment. The Purchase Price, as adjusted by the application of the Deposit and by the prorations and credits specified herein, shall be paid, paid by wire transfer of immediately available federal funds (through the escrow described in Section 5 below), 5) as and when provided in Section 5.2.2 below and in the “Escrow Agreement” (Instructions”, as hereinafter defined). The defined (the amount to be paid under this Section 3.2 is referred to 3.3 being herein as called the “Closing Payment”).

Appears in 1 contract

Samples: Purchase Agreement (Maguire Properties Inc)

Closing Payment. The Purchase Price, as adjusted by the application of the Deposit and by the prorations and credits specified herein, shall be paid, paid by wire transfer of immediately available federal funds (through the escrow described in Section 5 below), 5) as and when provided in Section 5.2.2 below and in the “Escrow AgreementInstructions” (as hereinafter defined). The amount to be paid under this Section 3.2 is referred to herein as the “Closing Payment.. 3.3

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Hartman vREIT XXI, Inc.)

Closing Payment. The Purchase Price, as adjusted by the application of the Deposit and by the prorations and credits specified herein, shall be paid, paid by wire transfer of immediately available federal funds (through the escrow described in Section 5 below), 5) as and when provided in Section 5.2.2 below and in the “Escrow Agreement” (Instructions”, as hereinafter defined). The defined (the amount to be paid under this Section 3.2 is referred to being herein as called the “Closing Payment”).

Appears in 1 contract

Samples: Purchase Agreement (KBS Real Estate Investment Trust II, Inc.)

Closing Payment. The Purchase Price (or Installment Purchase Price, as applicable), as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid, paid to Escrow Agent by wire transfer of immediately available federal funds (through the escrow described in Section 5 below), as and when provided in Section 5.2.2 below and in the 5.1) on each Escrow AgreementClosing Date” (as hereinafter defined). The defined below) (the amount to be paid under this Section 3.2 is referred to being herein as the called a “Closing Payment”).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Equinix Inc)

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